Did you know 1 out of 2 people will need Long-term care at some point during their lifetime? It’s true! So, what is Long-term care? It is a variety of services that help people with medical and non-medical needs such as a chronic illness or disability who cannot care for themselves for a long period of time. There is also Home Health Care, Alzheimer’s Care, Dementia Care, Live-in Care and many more. These services are built around your personal needs. Most people do not want to pay for Long-term care. Why? They think it is expensive and if they don’t use it, they lose it. However, if you had to go into a facility for Long-term care and did not have insurance, it could drain your savings completely. It can be anywhere from $3500-$8500 a month depending on where you live and the type of facility you are in. There are many new Long-term care plans available that can benefit you where if you don’t use it, all the money you paid for the policy will go to your Beneficiary. This can be a great option as well as being proactive!